Franchise marketing companies

LOS ANGELES — Sports Illustrated over the decades has chronicled stellar match-ups, blow-outs, squeakers, sudden deaths and photo finishes. Now it's getting ready to take on a whole new kind of game. Publisher Meredith Corp. has sold for $110 million the intellectual property around the venerable sports-news outlet to Authentic Brands Group, the brand-development company that manages Juicy Couture, Nautica, and elements of the Muhammad Ali and Elvis Presley estates, among others. Meredith took on Sports Illustrated as part of its purchase of Time Inc. in January of 2018 for $1.85 billion plus debt. Under terms of the deal, Authentic Brands acquires the rights to market, develop and license Sports Illustrated and its kids' edition as well as its swimsuit and "Sportsperson of the Year" franchises, along with the magazine's photo archive. Meredith will pay a licensing fee to operate the editorial operations of Sports Illustrated in print and in digital for a minimum of two years. … [Read more...] about Sports Illustrated sold to marketing company for $110 million

Many chain franchise brands have developed in Vietnam, with popular brand names popping up in fast food, catering, education, healthcare, beauty, and entertainment. Sean T. Ngo, founder and CEO of franchising consultancy VF Franchise Consulting, talked with VIR’s Thanh Van about some insight into Vietnam’s franchising market and how it is creating opportunities for major international names. Vietnam’s food and beverage industry is brimming with opportunities. What is your view on the franchising aspect in the field? Many international fast food chains see great long-term potential for Vietnam with its nearly 100 million potential consumers who are continually seeking different and better quality of service. We continue to see not only rising interest in fast food chains wishing to enter Vietnam, but also increasing interest from other chains in snacks and deserts, drinks, fast-casual, casual dining, and to a limited extent, fine-dining … [Read more...] about The methods and requirements needed for franchises to thrive

By Ruth Simon WSJ Sun., May 12, 2019 Job growth at the smallest businesses has fallen to the lowest levels in nearly eight years as tiny companies struggle to attract and retain workers in the tightest U.S. job market in half a century. The number of people employed by companies with fewer than 20 workers grew by less than 1% in both March and April, compared with the same months a year earlier, according to an analysis by Moody’s Analytics for The Wall Street Journal. Hiring at the smallest businesses hasn’t been this low since May 2011, when the economy was still recovering from the financial crisis. Torque Transmission, a manufacturer with 18 employees in Fairport Harbor, Ohio, has struggled in the past 2½ years to maintain a staff of three skilled machinists. “We have posted ads online. We have a sign out on the front lawn. We have a couple of temp agencies working on it,” said John W. Rampe, president of the family-run business. Mr. … [Read more...] about Small Businesses Are Squeezed by Tight Labor Market

The Ministry of Industry and Trade recently received business termination requests from two Hanoi companies, G10 International Commercial Franchise Co Ltd and Med Media Co. The companies, which operate multi-level marketing schemes, have cited poor business results as the reason for the termination request. Another company, Khang Loi Thai Co Ltd in Hanoi’s western district of Cau Giay, said it has ceased all its multi-level marketing activities since last November. The company is said to be a successor to Thien Ngoc Minh Uy, a major multi-level marketing company whose license was revoked in 2017 for engaging in illegal activities. It is estimated that 17,000 investors were left uncompensated after the company went down. The trade ministry also said it has recently revoked the business licenses of five other companies that did not comply with Vietnam’s laws on multi-level marketing - CNI Vietnam, Sen Viet Group, Rain International Vietnam, World Vietnam and Tam Sinh Yofoto … [Read more...] about Vietnamese multi-level marketing firms go bust in bulk

By Ileana Najarro Published 4:52 pm CST, Thursday, March 8, 2018 Carolyn Rodz, left, and Elizabeth Gore were co-chairs of the Circular Summit, an event for women entrepreneurs. "Men are not the problem. They're actually incredibly supportive," Gore says. "It's the systems and the formulas." ﻿Keep Going for a list of the three best Texas cities for women entrepreneurs and then a look at startups costs for some popular franchises. less Carolyn Rodz, left, and Elizabeth Gore were co-chairs of the Circular Summit, an event for women entrepreneurs. "Men are not the problem. They're actually incredibly supportive," Gore says. "It's the systems ... more Photo: Marie D. De Jesus, Staff Photo: Marie D. De Jesus, Staff Image 1 of / 44 Caption Close Image 1 of 44 Carolyn … [Read more...] about More women are becoming franchise owners in Houston, nationally